Market Activity

Eight cars of tech tallow traded at $0.3000 Gulf, but outside of the 30 day window. Packer BFT traded into the Gulf today at $0.2500. Renderer BFT was offered at $0.2600 and unsold as of press time.

Outside of the action in the tallow market, trading was a quiet shade of sideways today.

At today’s average of $0.1900 FOB Mo. River, CWG currently sits at 295% of the price of nearby corn. Sub 300% relative price to corn levels are rare. A monthly…